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Everywhere talks about "restructuring". Normally that means they already had substantial debt, and the "restructuring" has allowed them to stop those creditors banging on the door while giving them a bit of working capital.
I doubt very much this is more than breathing space.
"Racers" are notorious for being bad with money. It's also well known that the only way to make a small fortune from racing is to start with a very big one. I fear this "restructuring" is the end game for Williams as we know it.
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